Quantitative Techniques used for the Informal Economy Analysis at National and Regional Level
Tudorel Andrei (),
Andreea Iluzia Iacob (),
Stelian Stancu () and
Bogdan Oancea ()
Informatica Economica, 2010, vol. 14, issue 3, 153-164
The main issues in the informal economy domain are related to its definition, quantification, its position at the level of national economy and the application of econometric models to quantify its effects on economic and social development, at national and regional level. In order to evaluate the informal economy is presented the Ahumadaâ€™s model (2007). Using data series from the official statistics we made estimations of the informal economy for Romania for 2000-2009 time period. The obtained results for the ratio between cash transactions from the informal economy and the ones from the formal economy indicate that this one is situated between 24 and almost 41%. The parameter estimation for the applied regression models was realized using EViews software.
Keywords: Informal Economy; Econometric Models; Regional Economy (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
http://revistaie.ase.ro/content/55/2004%20-%20Tudo ... 0Bogdan%20Oancea.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aes:infoec:v:14:y:2010:i:3:p:153-164
Access Statistics for this article
Informatica Economica is currently edited by Ion Ivan
More articles in Informatica Economica from Academy of Economic Studies - Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Paul Pocatilu ().